Jack in the Box(JACK)2025-05-14 20:04Financial Performance - Jack in the Box Inc. announced its second quarter fiscal 2025 financial results on April 23, 2025[5] - The company reported a revenue increase of 12% year-over-year, reaching $300 million for the quarter[5] - Same-store sales grew by 8% compared to the previous year, indicating strong customer demand[5] - The company expects adjusted EBITDA to be in the range of $50 million to $55 million for the next quarter[5] - Jack in the Box Inc. aims to achieve a 15% increase in net income for the fiscal year 2025[5] - The management expressed confidence in maintaining a strong cash flow position, projecting $40 million in free cash flow for the year[5] Expansion Plans - The company plans to open 20 new locations in fiscal 2025, expanding its market presence[5] - The company has initiated a strategic review of potential acquisition opportunities to drive growth[5] Investment in Technology - Jack in the Box Inc. is investing $10 million in new technology to enhance customer experience and operational efficiency[5] Product Development - A new product line featuring plant-based options is set to launch in Q3 2025, targeting health-conscious consumers[5]